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The book explores the evolution of the American financial landscape over the past thirty years, highlighting the shift from a heavily regulated environment to one characterized by numerous investment and borrowing options. It discusses the transition from cash transactions to digital payments and the global, high-tech nature of modern finance. Originally a report to Congress, it proposes a policy framework based on three key principles: enhancing competition, managing failures in a competitive market, and favoring targeted interventions over broad regulations.
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American Finance for the 21st Century, Robert E. Litan
- Language
- Released
- 1998
- product-detail.submit-box.info.binding
- (Paperback)
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- Title
- American Finance for the 21st Century
- Language
- English
- Authors
- Robert E. Litan
- Publisher
- Rowman & Littlefield Publishers
- Released
- 1998
- Format
- Paperback
- Pages
- 211
- ISBN13
- 9780815734833
- Category
- Business and Economics
- Description
- The book explores the evolution of the American financial landscape over the past thirty years, highlighting the shift from a heavily regulated environment to one characterized by numerous investment and borrowing options. It discusses the transition from cash transactions to digital payments and the global, high-tech nature of modern finance. Originally a report to Congress, it proposes a policy framework based on three key principles: enhancing competition, managing failures in a competitive market, and favoring targeted interventions over broad regulations.